Valuing & Selling
Estate Assets
Managing the physical legacy of a loved one requires transparency and professional insight. We help you navigate the process of valuations and sales in New Zealand.
Protecting the Estate
As an executor, you have a legal duty to realize the true value of the estate's assets for the beneficiaries. Selling an item privately to a friend or family member without a valuation can create significant legal risk.
1. Professional Valuation
Before selling anything, obtain a written valuation from a certified NZ appraiser, especially for items over $1,000. This protects the executors from claims of 'selling too cheap'.
2. Choosing the Right Channel
Not everything belongs on TradeMe. High-value antiques go to auctions (e.g. Dunbar Sloane), vehicles to Turners, and general goods to estate clearance specialists.
3. The Sale Process
Understand commission rates (usually 15-25%) and 'As-Is, Where-Is' conditions. Ensure all proceeds are paid into the Estate's lawyer-managed bank account.
Executor Transparency
Always keep a detailed 'Asset Log' including the valuation report, the sale method, and the final receipt. Provide this to all beneficiaries to maintain trust and avoid disputes.
Asset Specialists
Different types of property require specialized knowledge. We recommend these verified New Zealand services for estate management.
Vehicles & Machinery
Recommend: Turners Auctions (Estate Team)
Real Estate Valuations
Certified property appraisers for tax/probate.
Antiques & Fine Art
Major auction houses: Dunbar Sloane, Webb's.
Trusted NZ Estate Channels
Direct links to established auction houses and valuation services.